Ramkrishna Forgings Limited announced that its Board of Directors has approved the re-appointment of Mr. Naresh Jalan as Managing Director of the company. The decision was taken during the Board meeting held on 1 May, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The re-appointment is based on the recommendation of the Nomination and Remuneration Committee.

Board Meeting Outcome

The Board of Directors meeting held on Friday, 1 May, 2026, formally considered and approved the re-appointment following the company's earlier communication to the stock exchanges. The decision was communicated to both BSE Limited and National Stock Exchange of India Limited as required under regulatory obligations. Company Secretary & Compliance Officer Rajesh Mundhra (ACS 12991) signed the official disclosure documents.

Re-appointment Details

Mr. Naresh Jalan (DIN: 00375462) has been re-appointed as Managing Director for a period of 3 years with effect from 5 November, 2026. The appointment is subject to approval by the shareholders at the 44th Annual General Meeting of the Company. The company has confirmed that Mr. Jalan is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Director Profile and Leadership

Mr. Jalan possesses more than 27 years of experience in the forging industry. Under his guidance, the company has risen to unprecedented heights, establishing itself as a global leader in the forging industry. Today, it stands as the second largest forging player in India in terms of revenue and is recognized as a premium supplier across key sectors including Automotive, Farm Equipment, Oil & Gas, Power, Earth Moving, Mining, Construction, and General Engineering.

Strategic Achievements and Expansion

His strategic foresight has driven the company's expansion into advanced technologies of Hot forging, advanced Machining and Heat Treatment Facilities. He was instrumental in the foray of the company to Warm & Cold forgings and Castings, enabling the company to secure a leadership position across diverse sectors. His relentless pursuit of excellence has seen the company continually invest in Greenfield projects incorporating best-in-class technology and acquisitions.

Family Relationships

The disclosure reveals that Mr. Naresh Jalan has family relationships with other directors on the board. Mr. Mahabir Prasad Jalan, who serves as Non-Executive Non Independent Director, is his father. Mr. Chaitanya Jalan, Whole-time Director, is his son. These relationships have been disclosed as required under the applicable regulations and SEBI Master Circular guidelines.

ramkrishna forgings has received shareholder approval for the appointment of Mr. Chetan Rameshchandra Desai as Non-Executive Independent Director. The resolution was passed through a postal ballot process conducted via e-voting, with the scrutinizer's report submitted on 28 April 2026.

Voting Results

The postal ballot voting period commenced on 29 March 2026 at 9:00 a.m. and concluded on 27 April 2026 at 5:00 p.m. A total of 350 members representing 111,167,453 equity shares cast their votes through e-voting. The resolution received overwhelming support from shareholders.

Appointment Details

Mr. Chetan Rameshchandra Desai (DIN 03595319), aged 75 years, has been appointed as Non-Executive Independent Director for a term of 5 consecutive years with effect from 29 April 2026. The appointment was approved as a special resolution and has been passed by the requisite majority.

The e-voting facility was provided by KFin Technologies Limited, and the scrutinizer's report was submitted by MKB & Associates, Company Secretaries. The regulatory filing was digitally signed by Rajesh Mundhra on 28 April 2026 at 17:05:04 +05'30'.